North Morgan, MO Economy


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United States / Missouri / No Metro Area / Dade County / North Morgan / Zip Codes
North Morgan, MO is a great place to call home. Rent for a two bedroom apartment in the area is significantly lower than the national average at $750 compared to $1,430 across the US. The cost of groceries in North Morgan is also quite low. The Grocery Cost Index is 94 versus 100 in the US, making it even more affordable to live here. A number of local companies are present in North Morgan such as Clearwater Construction, Morgan Plumbing and Heating, and Value City Furniture. All offer services to help make life more comfortable and enjoyable in North Morgan.

North Morgan has an unemployment rate of 3.5%. The US average is 6.0%.

North Morgan has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.

Tax Rates for North Morgan
- The Sales Tax Rate for North Morgan is 5.6%. The US average is 7.3%.
- The Income Tax Rate for North Morgan is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for North Morgan
- The average income of a North Morgan resident is $20,278 a year. The US average is $37,638 a year.
- The Median household income of a North Morgan resident is $28,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Morgan, MissouriUnited States
  3.56
  -0.5%-6.2%
  27.4%33.5%
  5.6%6.2%
  5.4%4.6%
  $20,278$37,638
  $28,750$69,021
  $43,229$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  10.1%6.8%
  18.8%10.0%
  2.9%2.5%
  29.0%11.0%
  5.8%4.8%
  0.0%0.8%
  0.0%1.9%
  4.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.2%9.3%
  0.0%14.0%
  0.0%2.1%
  18.8%7.0%
  0.0%4.8%
  0.0%4.7%
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